Best Buy-Side OMS: ConvergEx’s Eze OMS

Eze Castle Software, the Boston-based operating unit of BNY ConvergEx Group, has been successfully mixing it with the heavy hitters across the buy-side front-office since its founding in 1995. This is borne out by its 375-plus buy-side clients, the bulk of which are in the US, although this is beginning to change with recent traction across Europe, and perhaps more significantly, the Asia-Pacific region.

But the Eze OMS is more than just another OMS—much more. It is a modular, scalable, service-oriented architecture (SOA)-based front-office platform comprising four components: portfolio management, compliance, trading, and operations. The firm’s service-component architecture is designed to support “seamless” integration with third parties—Eze currently boasts more than 150 interfaces including links to Omgeo, Markit, MarketAxess, Tradeweb, ICE Link, FXAll, and FXConnect.

But perhaps Eze Castle’s most significant appeal from a buy-side perspective is its commitment to providing users with a single front-office platform, complete with performance, attribution and risk functionality, traditionally associated with the middle office.

1 ConvergEx’s Eze OMS (25.2%)
2 Bloomberg (22.5%)
3 Linedata Services (21.6%)